3, PENNYROYAL, WALNUT TREE, MILTON KEYNES, MK7 7NP - £169,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PENNYROYAL is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £356,904. It was last sold for £169,000 in December 2009, which was around 6% above the average December 2009 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 PENNYROYAL Sold Prices

Land registry data shows three sales for 3 PENNYROYAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 3 PENNYROYAL sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 10 DEC	£169,000	£159,455	6% above HPI
1999 21 DEC	£89,000	£71,725	24% above HPI
1997 20 JAN	£63,350	£51,570	23% above HPI

3 PENNYROYAL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 3 PENNYROYAL sales between January 1997 and December 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2009 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 3 PENNYROYAL be worth now?

3 PENNYROYAL might now be worth an estimated £356,904.

This is based on house price inflation of 111.2%, between December 2009 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 111.2% inflationary increase is applied to the most recent sale price for 3 PENNYROYAL of £169,000 on 10th December 2009. For the value to have increased from £169,000 to £356,904 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 PENNYROYAL has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The December 2009 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENNYROYAL has not materially changed since December 2009.

How Large is 3 PENNYROYAL?

3 PENNYROYAL is 76m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 3 PENNYROYAL lies on this distribution: 9% of semi-detached houses houses are smaller than 3 PENNYROYAL, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 PENNYROYAL: Plot and Title Map

3 PENNYROYAL sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 PENNYROYAL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 PENNYROYAL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 PENNYROYAL?

3 PENNYROYAL is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 3 on PENNYROYAL.